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The Latest in new york
Casino
April 1, 2024
Queens Councilman Throws Support Behind Multi-Billion Dollar Casino Project
In a move that could reshape the landscape of Queens, Councilman Francisco Moya has thrown his weight behind Mets owner Steve Cohen’s ambitious $8 billion plan to erect a sprawling casino complex adjacent to Citi Field. Francisco Moya Endorses ‘Metropolitan Park’ Casino Plan, Lauding Benefits for Queens Moya, representing the communities surrounding Flushing Meadow Park […]
Casino
March 15, 2024
Wynn Resorts Discloses Further Details on $12bn Casino Plan
The Nevada-based, publicly traded corporation that develops and operates high-end hotels and casinos, Wynn Resorts, has offered additional details of its bold plans for a $12 billion skyscraper casino resort in New York City. Wynn Resorts has recently released the renderings of the upcoming complex that will be located at Hudson Yards. 5.6-Acre Recreational Area […]
Business
March 15, 2024
MGM Resorts Not Ready to Give Up on the UAE, Eyes Opportunities in Thailand Too
MGM Resorts International’s chief executive officer, Bill Hornbuckle, commented on the company’s plans for the future at the JP Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum, highlighting opportunities in certain regions. While MGM recently gave up on its Dubai casino plans recently, the company is still proceeding with its hotel offering. According to […]
Industry
March 15, 2024
New York Bills to Regulate Ads, Secure More Funds for Gambling Treatment
Three separate New York bills seek to better regulate gambling and shield risky players from harm. Authored by Senator Joseph Addabbo and Senator Leroy Comrie, the bills would protect vulnerable players by reminding them of the dangers of gambling and raising more funds for treatment. All of the bills are now on the Senate […]
Business
March 11, 2024
NY State Players Spend $1.77bn on Online Sports Bets in February
Last month, New York announced record-breaking online sports betting revenue for January 2024, continuing its uninterrupted online sports betting revenue records one month after the next. Licensed sportsbooks reached a total sports betting gross gaming revenue of $211.5 million, as officially reported. The February 2024 numbers are in and this is what they look like. […]
Casino
March 7, 2024
Expansion of iGaming Predicted to Spread to New States
In an era marked by the convergence of technology and entertainment, the gambling industry is undergoing a digital transformation, with more US states considering the legalization of online casino games. Industry Experts Forecast Expansion of iGaming to New York, Maryland, and California Panelists at the Next.io forum on internet gambling and sports betting projected that […]
Business
March 4, 2024
Fanatics Launches Sportsbook in New York, as Planned
Fanatics Betting and Gaming has launched its Fanatics Sportsbook in New York, in line with its ambition to grow its US presence. The lucrative New York market has been something the company has been eyeing for a while and a chief reason for its acquisition of PointsBet’s US assets. The Fanatics Sportsbook will now replace […]
Industry
February 28, 2024
New York Sen. Addabbo to Participate in Problem Gambling Online Debate
March is recognized as the Problem Gambling Awareness Month, a period when different initiatives across the United States will take place, raising awareness of gambling addiction and problem gambling. One such important initiative will be an online Zoom meeting sponsored by New York Sen. Joseph P. Addabbo. The upcoming meeting will see the Senator join […]
Legal
February 26, 2024
Las Vegas Sands Faces Further Trouble in New York
Las Vegas Sands’ grand plans for a multi-billion dollar resort and casino in Uniondale have suffered another significant setback. State Supreme Court Justice Sarika Kapoor, who previously invalidated Sands’ lease with Nassau County, has declared that the company lacks a valid lease for the Coliseum and its surrounding land. Significant public pushback to the project […]
Industry
February 19, 2024
New York iGaming Legalization Faces Opposition from the Retail Sector
The legalization of online gambling in New York has been a hot topic for years. Sen. Joseph Addabbo, one of the supporters of iGaming, has been pushing for its legalization since 2019. Despite his previous proposals which have not gained enough traction to be passed into law, earlier this year, he filed his latest proposal […]